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Technology Stocks : Cymer (CYMI)

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To: Zeev Hed who wrote (12777)1/17/1998 12:40:00 AM
From: Smart_Asset  Read Replies (2) of 25960
 
Hi Zeev

Appreciate your postings. I agree something is fishy about the recent mushrooming in the Asian (especialy Japan) markets.

< The LDP has just floated a new baloon (responsible Thursday night for close to 1000 points advance on the Nikkei) of allowing Japanese financial institutions to revalue the real estates on their book and mark these to market, supposedly adding some 4 to 6 trillion yens to their assets (tax free) base. >

What is the LDP? Will this raevaluation have a delayed effect on the value of the yen? Is something rotten in Denmark?

What I find strange is that many of the SEA markets are trading at 52 week highs.
The crisis seems to be reflected in the currencies rather than markets.

Thanks again for your insights.

Tam
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